There are a lot of things to consider when placing your home for sale and looking for a dependable home buyer. The Market has a natural up and down cycle. You decide when and how to sell your home, depending on where you are in that market cycle. How long will your home be on the market? How much will I need to repair and how much will it cost? Will the home buyer find something wrong with the house after closing? What are the commission if I deal with a Realtor? Call us at 1-866-211-5697 to find out additional questions to ask yourself before deciding to sell.
Professional home buyers in CA will usually purchase homes as-is. As a seller, this means you do not have to worry about repairs before closing, pushy agents, negotiated sales commissions, or any other additional expenses you were not planning on. There are some companies that do not require inspections which makes it a truly as-is transaction.
Professional home buyers in Bay Area, CA typically close faster than traditional home buyers, (days vs weeks and months) and usually in pay full in cash. This means not waiting for the bank to approve them. Traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings. The usual commission is 3% per side, so if you sell your home for $200,000, you would have to pay $12,000 in commissions alone! Professional home buyers also may not charge transaction fees; if they do, they are extremely low in comparison to the commission or closing costs you would have to pay otherwise. They also provide remote closings which is great for out of state owners. A local notary comes to you to sign all the need closing documents.
Professional home buyers are in it for the investment. They are not expecting to move into the home on the day of closing. You get to choose your closing and move out date. You are not tide to a day the new buyers of realtor wants you to close to get their commission before the end of the month. Some Professional home buyers will allow a move-out time frame after closing to allow you to relocate at your own pace. This is extremely helpful, especially with such quick closing time frames. Also, you may not even have to clean the home when you leave. You can simply pack your personal items and furniture you want to keep and leave the rest.
When you decide to use a professional home buyer in Bay Area, CA, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your home. You don’t have to worry about leaving your home spotless every day before heading to work, just in case there is a showing while you’re gone. You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over which furniture you are taking and what you are leaving.
Selling to a professional home buyer is extremely straight forward. They will lay out every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements. In California alone just one page tells you definitions of words, like days in the week… it can be overwhelming. You will also have lessened exposure to legal risks when selling to a Professional home buyer. You won’t have to worry about the buyer finding something you didn’t know you didn’t disclose or something they don’t like about the home or the neighborhood. Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. Professional home buyers already know the state of the property, and they are willing to take on that risk.
Click Here for more videos on Professional Home Buyers and Seller tips.